HSBC Maintains Buy on TechnipFMC, Raises Price Target to $23.2
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Abhishek Kumar maintains a Buy rating on TechnipFMC (NYSE:FTI) and raises the price target from $13.8 to $23.2.
August 04, 2023 | 10:47 am
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HSBC analyst Abhishek Kumar maintains a Buy rating on TechnipFMC and raises the price target from $13.8 to $23.2. This could potentially lead to an increase in the stock's price.
The raised price target by HSBC indicates a positive outlook for TechnipFMC. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100